The data for Rhodes Corporation's has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

\begin{tabular}{|l|l|l|} \hline NOPAT 2018 & \#N/A \\ \hline NOWC 2018 & \#N/A \\ \hline NOWC 2017 & \#N/A \\ \hline Total net operating capital 2018 & \#N/A \\ \hline Total net operating capital 2017 & \#N/A \\ \hline Free cash flow 2018 & \#N/A \\ \hline ROIC 2018 & & \\ \hline Uses of free cash flow: & & \#N/A \\ \hline After-tax interest payment & & \\ \hline Reduction (increase) in debt & & \#N/A \\ \hline Payment of dividends & & \#N/A \\ \hline Repurchase (issue) stock & & \#N/A \\ \hline Purchase (sale) of short-term investments & & \#N/A \\ \hline Total & & \#N/A \\ \hline \end{tabular} a. What is the net operating profit after taxes (NOPAT) for 2018 ? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answer to one decimal place. $ million b. What are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. 2018$2017$millionmillion c. What are the amounts of total net operating capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. 2018$2017$millionmillion d. What is the free cash flow for 2018 ? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answer to one decimal place. \$ million e. What is the ROIC for 2018 ? Round your answer to one decimal place. % f. How much of the FCF did Rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net stock repurchases, and net purchases of short-term investments? (Hint: Remember that a net use can be negative.) Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. \begin{tabular}{|l|l|l|} \hline NOPAT 2018 & \#N/A \\ \hline NOWC 2018 & \#N/A \\ \hline NOWC 2017 & \#N/A \\ \hline Total net operating capital 2018 & \#N/A \\ \hline Total net operating capital 2017 & \#N/A \\ \hline Free cash flow 2018 & \#N/A \\ \hline ROIC 2018 & & \\ \hline Uses of free cash flow: & & \#N/A \\ \hline After-tax interest payment & & \\ \hline Reduction (increase) in debt & & \#N/A \\ \hline Payment of dividends & & \#N/A \\ \hline Repurchase (issue) stock & & \#N/A \\ \hline Purchase (sale) of short-term investments & & \#N/A \\ \hline Total & & \#N/A \\ \hline \end{tabular} a. What is the net operating profit after taxes (NOPAT) for 2018 ? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answer to one decimal place. $ million b. What are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. 2018$2017$millionmillion c. What are the amounts of total net operating capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. 2018$2017$millionmillion d. What is the free cash flow for 2018 ? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answer to one decimal place. \$ million e. What is the ROIC for 2018 ? Round your answer to one decimal place. % f. How much of the FCF did Rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net stock repurchases, and net purchases of short-term investments? (Hint: Remember that a net use can be negative.) Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. Free Cash Flows (All dollar values are provided in millions.) Free Cash Flows (All dollar values are provided in millions.) \begin{tabular}{|l|l|l|} \hline NOPAT 2018 & \#N/A \\ \hline NOWC 2018 & \#N/A \\ \hline NOWC 2017 & \#N/A \\ \hline Total net operating capital 2018 & \#N/A \\ \hline Total net operating capital 2017 & \#N/A \\ \hline Free cash flow 2018 & \#N/A \\ \hline ROIC 2018 & & \\ \hline Uses of free cash flow: & & \#N/A \\ \hline After-tax interest payment & & \\ \hline Reduction (increase) in debt & & \#N/A \\ \hline Payment of dividends & & \#N/A \\ \hline Repurchase (issue) stock & & \#N/A \\ \hline Purchase (sale) of short-term investments & & \#N/A \\ \hline Total & & \#N/A \\ \hline \end{tabular} a. What is the net operating profit after taxes (NOPAT) for 2018 ? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answer to one decimal place. $ million b. What are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. 2018$2017$millionmillion c. What are the amounts of total net operating capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. 2018$2017$millionmillion d. What is the free cash flow for 2018 ? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answer to one decimal place. \$ million e. What is the ROIC for 2018 ? Round your answer to one decimal place. % f. How much of the FCF did Rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net stock repurchases, and net purchases of short-term investments? (Hint: Remember that a net use can be negative.) Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. \begin{tabular}{|l|l|l|} \hline NOPAT 2018 & \#N/A \\ \hline NOWC 2018 & \#N/A \\ \hline NOWC 2017 & \#N/A \\ \hline Total net operating capital 2018 & \#N/A \\ \hline Total net operating capital 2017 & \#N/A \\ \hline Free cash flow 2018 & \#N/A \\ \hline ROIC 2018 & & \\ \hline Uses of free cash flow: & & \#N/A \\ \hline After-tax interest payment & & \\ \hline Reduction (increase) in debt & & \#N/A \\ \hline Payment of dividends & & \#N/A \\ \hline Repurchase (issue) stock & & \#N/A \\ \hline Purchase (sale) of short-term investments & & \#N/A \\ \hline Total & & \#N/A \\ \hline \end{tabular} a. What is the net operating profit after taxes (NOPAT) for 2018 ? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answer to one decimal place. $ million b. What are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. 2018$2017$millionmillion c. What are the amounts of total net operating capital for both years? Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. 2018$2017$millionmillion d. What is the free cash flow for 2018 ? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answer to one decimal place. \$ million e. What is the ROIC for 2018 ? Round your answer to one decimal place. % f. How much of the FCF did Rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net stock repurchases, and net purchases of short-term investments? (Hint: Remember that a net use can be negative.) Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2 , not 1,200,000. Do not round intermediate calculations. Round your answers to one decimal place. Free Cash Flows (All dollar values are provided in millions.) Free Cash Flows (All dollar values are provided in millions.)